EQT Real Estate Buys 1 MSF Industrial Property in Olyphant, Pennsylvania

by Taylor Williams

OLYPHANT, PA. — Global investment firm EQT Real Estate has purchased a 1 million-square-foot industrial property in Olyphant, located just outside of Scranton. Completed in 2023, Scranton North Logistics Center features a clear height of 40 feet, 185-foot truck court depths, 233 trailer parking stalls, 163 dock-high doors and four drive-in doors. John Plower, Ryan Cottone and Zach Maguire of JLL brokered the sale of the property, which was fully leased at the time of sale to an unnamed tenant. The seller was regional owner-operator Endurance Real Estate.

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